Central Bank Of The UAE And Central Bank Of Egypt Enter Into Bilateral Currency Swap Agreement
The Central Bank of the UAE (CBUAE) and the Central Bank of Egypt (CBE) have on September 28, 2023, entered…
SAMA Seeks Public Consultation On Draft Amendment Of Comprehensive Motor Insurance Rules
The Saudi Central Bank (SAMA) seeks public consultation on draft amendment of the Comprehensive Motor Insurance Rules, according to a…
The Simplification of the Micro and Macro Prudential Framework by CBRT
The Monetary Policy Committee of the Central Bank of the Republic of Turkiye (CBRT) stated in its decision of June…
Indonesian Economy Has Emerged from the Pandemic Performing Strongly
The International Monetary Fund (IMF) assesses that Indonesia has shown good economic recovery after the pandemic, supported by strong macroeconomic…
Volatile Ruble Recovers from 15-Month Low after Aborted Mutiny
The ruble recovered from sinking to its lowest in nearly 15 months against the dollar on June 26, 2023, paring…
Promotion of Agro-Based Industry Stressed
Chairman Rice Research and Development Board Punjab Shahzad Ali Malik on June 25, 2023 stressed the urgent need for the…
Facebook Owner Launches Virtual Reality Subscription Service
Facebook owner Meta has launched a virtual reality (VR) subscription service as it tries to make that part of its…
ICCI for Further Strengthening Trade Ties with Japan
President Islamabad Chamber of Commerce and Industry (ICCI) Ahsan Zafar Bakhtawari on June 25, 2023, urged the need for further…
SBP Decides to Raise the Policy Rate by 100 bps to 22.0 percent
In the statement after its meeting held on June 12, 2023, the Monetary Policy Committee (MPC) viewed the then monetary…
China Unveils $72 billion Tax Break for EVs, Other Green Cars to Spur Demand
China unveiled on June 21, 2023, a 520-billion-yuan ($72.3 billion) package of tax breaks over four years for electric vehicles…